Twin Cities area home price reductions more common, but it's still a seller's market - Star Tribune

Higher mortgage rates are causing home sales to slow, but there's still a shortage of listings and sellers are getting more than the asking price.

Price reductions are becoming more common on homes for sale in the metro area, a sign that higher interest rates are cooling one of the hottest parts of the Twin Cities economy. In June, about 14% o… [+5832 chars]

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